94 Madawaska Avenue

Newtonbrook East, Toronto

94 Madawaska Avenue, Newtonbrook East, Toronto

$1,599,000

Bedrooms: 6

Bathrooms: 4

Living Area: 3,000 sqft

Price Per Sqft: $533.00

About this Detached

in Newtonbrook East, Toronto

Exceptional opportunity to acquire this spacious 6+2 bedroom side-split residence. The property is bright and expansive, featuring large windows that allow ample natural light. Situated in the highly sought-after Newtonbrook East neighborhood, it is conveniently close to all amenities, including proximity to the subway, Yonge Street, and shopping centers. The area is designated as a very quiet and peaceful community. The residence boasts a well-designed layout, combining style, comfort, and the potential for rental income. The tranquil backyard serves as a private oasis, backing onto Silverview Park. Additionally, its strategic location provides the possibility of generating income through a basement apartment with a separate entrance. Discover a residence that fulfills your immediate needs.

Listed by RIGHT AT HOME REALTY.

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LAND TRANSFER TAX CALCULATOR

Purchase Price  
First-Time Home Buyer
Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities

MORTGAGE CALCULATOR

     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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